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So you have a great business idea…now what ?

A start your own businessDo you know how many times in my life I wished I owned my own business? I would often look at entrepreneurs in awe.

How do they know what to sell? I was and still am in awe of entrepreneurs who go into business for something they have no prior training or education. Now that takes guts.

Take one of my business partners and now owner of a conglomerate of very successful businesses. He began his own business in his early 20’s just as a side gig, wanting a little bit of extra money to go to Italy. His training and day job were in IT yet he has taken the supply chain and distribution world by storm – in areas, none of which involve any IT products or services.

Or, the story of the teenager who started Origami Owl…I myself attended a jewelry party as a social commitment for a product that a teen started trying to save money to buy her first car. She is now an international phenomenon. The party as it turned out was fun and the products were great. Kudos to the teen and the sales associate lady selling the goods to a small group of ladies. That is how Mary Kay got started, entrepreneurial spirit at its best.

I have spent most of my life in school. In fact I am still in school in my forties’ attaining my masters and dreaming of following that up with a doctorate…but all that education had prepared me and kept me working for somebody else. My choice, my mental barriers. I have worked very hard and I am very proud of my career’s success but there has always been this tiny voice at the back of my head saying…”it is somebody else’s dream”, “It is somebody else’s agenda”.

As an HR & Finance professional and Coach I spend most of my career championing, leading and constantly pushing boundaries. In fact nothing brings more happiness to me than to champion a leader and a visionary – to strategize and to make dreams a reality. I live it and breathe it every hour of every day. It is not only my passion, it is who I am.

You see, that was the point I did not get. People go into business to pursue a passion be it to live life on their own terms, to fill a need with a service or product or share what they love with the world.   That is why it is worth the investment, the risk, and the super extra-long hours.

When you finally make that decision – to take the risk and take the leap – you want a champion by your side. A strategic partner that is there for you, to listen, facilitate, mentor, and coach. I had that someone when I finally took the leap and honestly, I could not have done it without my support team.

Since then I have had the opportunity to coach and mentor new entrepreneurs through my own business who now enjoy the rewarding experience of owning their own business and being the authors of their own story. By partnering-up with two other professionals who also share that passion, it has enabled us to facilitate a support network with a unique mixture of talent and skills. I am grateful every day that I get to live my passion, love what I do, own my own business and most of all champion those who dare to dream and execute.

If the itch and the inner voice is telling you “it is time”… or “wouldn’t it be nice”, listen to it, build a strong support team and take the leap. You will not regret it.

Carolina Billings

Carolina Billings

Carolina M. Billings is an executive with 15+ year’s leadership experience in the fields of Business Development, Human Resources and Finance. As CFO-CHRO of a multi-million business conglomerate, she performs a truly interdisciplinary role within a portfolio of diverse industries ranging from Supply Chain, Logistics & Distribution, Wealth Management, Furniture Import, Sales & Distribution as well as Interior Design. She champions leadership initiatives as well as empowering and coaching/mentoring others to lead. Developing a hybrid of Finance and Human Resources has enable her to become leading business partner. Her great ability to influence and engage others in the pursuit of goals and objectives makes her a true innovator and change agent. Carolina is currently pursuing her Masters in Interdisciplinary studies with Royal Roads University, She holds Graduate Certificates from Cornell University and Queen’s University in the fields of Change Management and Leadership. She is a Co-Active Professional coach currently doing her practicum towards Certification with ICF. She holds a CHRL designation and a High Honor’s HRM Graduate Certificate. Carolina is the founder of Big Fish Coaching a private practice specializing in personal leadership, career coaching, conflict resolutions and life change management.
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1 Comment » for So you have a great business idea…now what ?
  1. Your article tackles the main idea behind a business, entrepreneurial may bring the idea to fruition, but business people form a company. A little known fact in financing your business, is the idea of converting your invoices into instant cash by using factoring. An alternative and sustainable way of improving the cash flow of the company without having to borrow. Factoring brings control over the cash flow of the company by allowing you to decide which invoices to finance according to your financial obligations. Start-up companies rarely qualify for bank loans or other traditional financing tools.
    Based on the current invoices, factoring gives you flexibility and immediate cash flow to your company.

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